The UK’s property market is seeing a surge in demand for seaside towns, particularly in the wake of the pandemic, which saw many Britons flocking to coastal locations. These towns are proving to be enduringly popular in 2024, with house prices on the rise in the majority of these hotspots.
According to Rightmove, Bournemouth takes the crown as the most sought-after coastal location among buyers. This charming town boasts seven miles of sandy beaches, an abundance of green spaces, and the stunning Jurassic Coast right on its doorstep. The average asking price for a home in Bournemouth currently stands at £360,298, reflecting a significant 22 percent increase from 2019.
Brighton, a perennial favorite for Londoners seeking a seaside escape, secures second place. The city offers a vibrant mix of attractions, including a sprawling beach perfect for picnics, The Lanes with its quaint shops, and a bustling harbor brimming with eateries. Rightmove data indicates an average asking price of £473,391 for a home in Brighton, marking an 11 percent increase from 2019.
Poole, holding the third spot, is renowned for its world-second-largest natural harbor, making it an ideal destination for water enthusiasts. This charming town, often dubbed Poole’s Millionaires Row, is home to a collection of luxurious mansions, along with a variety of flats and houses. The average home price in Poole currently sits at £463,367, reflecting a 21 percent increase over the past four years.
Blackpool in Lancashire, the only northern area to make the list, brings a unique blend of seaside charm and Victorian architecture. The town is renowned for its six-mile stretch of lights and illuminations, as well as its popular Pleasure Beach theme park. Blackpool’s housing stock encompasses a mix of period homes, flats, and modern properties. The average property price in Blackpool has seen a notable 24 percent increase since 2019, currently standing at £147,331.
Rounding out the top five is Weston-Super-Mare in Somerset, attracting visitors from across the country with its sandy beach overlooking the Bristol Channel. The town’s convenient location, just 20 minutes from Bristol by train, further enhances its appeal. Weston-Super-Mare boasts a diverse range of houses, including Victorian properties built from Bath stone. The average house price in the area currently sits at £281,170, showcasing a remarkable 27 percent increase compared to 2019 prices.